Filing Details

Accession Number:
0000899243-19-029588
Form Type:
4
Zero Holdings:
No
Publication Time:
2019-12-18 19:03:04
Reporting Period:
2019-12-16
Accepted Time:
2019-12-18 19:03:04
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1745797 Brigham Minerals Inc. MNRL Crude Petroleum & Natural Gas (1311) 831106283
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1773104 A. John Holland 5914 W. Courtyard Drive, Suite 100
Austin TX 78730
Yes No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock, Par Value $0.01 Disposition 2019-12-16 1,153,187 $17.38 3,856,823 No 4 S Indirect See footnotes
Class B Common Stock, Par Value $0.01 Disposition 2019-12-16 1,802,623 $0.00 6,027,999 No 4 C Indirect See footnotes
Class A Common Stock, Par Value $0.01 Acquisiton 2019-12-16 1,802,623 $0.00 1,802,623 No 4 C Indirect See footnotes
Class A Common Stock, Par Value $0.01 Disposition 2019-12-16 1,802,623 $17.38 0 No 4 S Indirect See footnotes
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Indirect See footnotes
No 4 C Indirect See footnotes
No 4 C Indirect See footnotes
No 4 S Indirect See footnotes
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock, Par Value $0.01 Brigham Minerals Holdings, LLC common unit Disposition 2019-12-16 1,802,623 $0.00 1,802,623 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
6,027,999 No 4 C Indirect
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Class A Common Stock, Par Value $0.01 8,274 Direct
Footnotes
  1. The Reporting Person is a Partner of Warburg Pincus & Co., a New York general partnership ("WP") and a Member and Managing Director of Warburg Pincus LLC, a New York limited liability company ("WP LLC"). Certain affiliates of WP and WP LLC (such affiliates, the "Warburg Pincus Entities") collectively held 3,856,823 shares of Class A common stock, 6,027,999 shares of Class B common stock and 6,027,999 Brigham Minerals Holdings, LLC ("Brigham LLC") common units ("Common Units") of the Issuer as of the date hereof, after consummation of all transactions reported herein.
  2. All shares of Class A common stock and Class B common stock of the Issuer and all Common Units indicated as indirectly beneficially owned by the Reporting Person are included because of his affiliation with the Warburg Pincus Entities, due to which the Reporting Person may be deemed to have an indirect pecuniary interest (within the meaning of Rule 16a-1 under the Securities and Exchange Act of 1934, as amended) in an indeterminate portion of such securities owned by the Warburg Pincus Entities. The Reporting Person disclaims beneficial ownership of all shares of Class A common stock and Class B common stock of the Issuer and Common Units attributable to the Warburg Pincus Entities except to the extent of his direct pecuniary interest therein.
  3. At the request of the respective Warburg Pincus Entity holding such Common Unit, each Common Unit may be coupled with a share of Class B common stock and redeemed for, at Brigham LLC's election, newly-issued shares of Class A common stock on a one-for-one basis or a cash payment equal to a volume weighted average market price of one share of Class A common stock for each Common Unit redeemed. The Common Units do not expire.
  4. On December 16, 2019, certain of the Warburg Pincus Entities requested that 1,802,623 shares of Class B common stock and 1,802,623 Common Units be redeemed, and Brigham LLC elected to redeem such securities for an aggregate of 1,802,623 shares of Class A common stock.
  5. Restricted stock units previously awarded pursuant to the Brigham Minerals, Inc. 2019 Long Term Incentive Plan. The award vests in full on the first anniversary of the grant date, subject to continued employment through the vesting date.